RDL Financial Inc. lessened its position in Exxon Mobil Co. (NYSE:XOM) by 82.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,420 shares of the oil and gas company’s stock after selling 29,390 shares during the period. RDL Financial Inc.’s holdings in Exxon Mobil were worth $531,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Macroview Investment Management LLC bought a new stake in Exxon Mobil during the 1st quarter worth about $102,000. Corbyn Investment Management Inc. MD acquired a new position in shares of Exxon Mobil during the 1st quarter worth about $110,000. KHP Capital LLC acquired a new position in shares of Exxon Mobil during the 1st quarter worth about $111,000. Clearwater Capital Advisors LLC acquired a new position in shares of Exxon Mobil during the 1st quarter worth about $122,000. Finally, Winfield Associates Inc. acquired a new position in shares of Exxon Mobil during the 2nd quarter worth about $160,000. Institutional investors own 52.48% of the company’s stock.

Shares of Exxon Mobil stock traded down $0.22 on Friday, reaching $81.38. 14,886,661 shares of the company were exchanged, compared to its average volume of 12,991,509. Exxon Mobil Co. has a one year low of $72.15 and a one year high of $89.30. The stock has a market cap of $360.27 billion, a P/E ratio of 22.67, a P/E/G ratio of 1.48 and a beta of 0.86. The company has a quick ratio of 0.51, a current ratio of 0.81 and a debt-to-equity ratio of 0.11.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, July 27th. The oil and gas company reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.34). Exxon Mobil had a return on equity of 8.45% and a net margin of 7.64%. The company had revenue of $73.50 billion for the quarter, compared to the consensus estimate of $71.66 billion. During the same quarter in the prior year, the company earned $0.78 EPS. The company’s revenue for the quarter was up 26.6% on a year-over-year basis. On average, sell-side analysts expect that Exxon Mobil Co. will post 4.6 EPS for the current year.

Several equities analysts have recently issued reports on the company. Societe Generale set a $92.00 target price on Exxon Mobil and gave the stock a “buy” rating in a research report on Wednesday, September 26th. Wells Fargo & Co restated a “neutral” rating and set a $88.00 target price on shares of Exxon Mobil in a research report on Wednesday, September 26th. BNP Paribas set a $85.00 target price on Exxon Mobil and gave the stock a “sell” rating in a research report on Thursday, October 4th. Credit Suisse Group reiterated a “neutral” rating and issued a $80.00 price objective on shares of Exxon Mobil in a research report on Tuesday, October 2nd. Finally, Jefferies Financial Group reiterated a “neutral” rating and issued a $87.00 price objective on shares of Exxon Mobil in a research report on Friday, September 28th. Five analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $87.08.

In related news, VP Bradley W. Corson sold 15,000 shares of the stock in a transaction on Wednesday, September 19th. The stock was sold at an average price of $84.02, for a total value of $1,260,300.00. Following the sale, the vice president now owns 214,774 shares in the company, valued at approximately $18,045,311.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.08% of the stock is currently owned by corporate insiders.

Exxon Mobil Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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